A company reported gross profit of $94,000, total operating expenses of $50,000 and interest income of $3,900. What is the income from operations?
a) $40,100
b) $47,900
c) $36,200
d) $44,000
Solution:-
,A994mpany reported gross profit of $94,000, total operating expenses of $50,000 and interest income of $3,900. What is the income from operations:-
d) $44,000
Explanation:-
Income from operation:- Gross profit - Operation expenses
= 94,000 - 50,000
= 44,000.
Please Rate
A company reported gross profit of $94,000, total operating expenses of $50,000 and interest income of...
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